I completely agree... market prices are influenced by the interaction of the demand and supply forces which, are in turn, influenced by the market participants' perception about the market. The market is completely unpredictable. That is why we have to rely more on our thinking and less on our emotions. Panic leads to chaos which leads to a crash. "Buy low and sell high" is a mantra that holds good for both- speculators and investors. If you are going to invest, hold on for the long run. Patience always pays off.